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Lot
60134

Tiffany & Co. Important & Rare Minute Repeater With Split Second Chronograph Presented To G.P. Morisini By Jay Gould, circa 18...

2012 November 18 Timepieces Signature Auction - New York #5121

 
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Offers to date: $25,880 on March 18, 2014
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Auction Ended On: Nov 18, 2012
Item Activity: 3 Internet/mail/phone bidders
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Location: Ukrainian Institute of America at The Fletcher-Sinclair Mansion
2 East 79th Street
New York, NY 10075

Description:
Tiffany & Co. Important & Rare Minute Repeater With Split Second Chronograph Presented To G.P. Morisini By Jay Gould, circa 1884
Case: No. 17153, massive, 18k rose gold, four body, "bassine et filets", hinged back and bezel, gold cuvette is engraved "G.P. Morisini - Remembrance From Jay Gould", case back is engraved with flowing ribbon "GPM" initials, 56 mm, gold slide on the rim for the repeat function, gold button for the split seconds and gold lock out lever near the pendant
Dial: white enamel, radial Roman hour chapters, subsidiary seconds, blued steel Breguet moon hands, outermost minute track and 15/th seconds divisions
Movement: No. 17153, nickel, half plate, 35 jewels, straight line lever escapement, bi-metallic compensated balance, counter poised pallet fork, jeweled to the hammers, straight line damaskeening to the plates
Signed: triple signed Tiffany & Co. New York


Note: Giovanni Pertinax Morisini was a personal assistant, advisor and bodyguard to the infamous Wall Street financier Jay Gould. Jay Gould accumulated a fortune of $100,000,000 in a mere thirty years while his aggressive financial speculations made him one of the most disliked of the era's "robber barons". Morisini meet Gould in Venice where he skillfully rescued Gould's son from a gang of alley robbers. Gould promised him a job if he ever made it to America and Morisini quickly accepted the offer. Morisini was known as an aficionado of fine watches and this present from Gould is certainly one of the highest grade timepieces that was available in the 1880's when gifted. The lot is accompanied by a first edition book (published in 1892), "The Life Of Jay Gould, How He Made His Millions" by Murat Halstead and J. Frank Beale, Jr.

Condition Report*:

Type: Tiffany & Co. Important & Rare Minute Repeater With Split Second Chronograph Presented To G.P. Morisini By Jay Gould
Dial: white enamel, Roman numerals
Hands; blue steel, moon
Metal: 18k rose gold
Gram Weight: 160.6
Case No: 17153
Case Info: massive, four body, gold cuvette
Case Width: 56 mm
Crystal: glass
Watch Movement: No. 17153, nickel, half plate, 35 jewels, straight line lever escapement, bi-metallic compensated balance, counter poised pallet fork, jeweled to the hammers, straight line damaskeening to the plates
Circa: 1884
Condition: watch is in exceptional condition in all aspects, movement is very good, case is very good, dial is superb

*Heritage Auctions strongly encourages in-person inspection of items by the bidder. Statements by Heritage regarding the condition of objects are for guidance only and should not be relied upon as statements of fact, and do not constitute a representation, warranty, or assumption of liability by Heritage. All lots offered are sold "AS IS".

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Service and Handling Description: Miscellaneous Collectibles, Small (view shipping information)

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